Cash in Lieu of Benefits. Executive, in his or her discretion may elect not participate in one or more of the Company’s benefit schemes or accept on or more of the benefits contemplated hereby. In such even, Executive, be entitled to receive, as additional compensation, the cost to the company of any such foregone benefits, to the extent such costs are determinable by the Company without unreasonable effort or expense.
Appears in 4 contracts
Samples: Founders Employment Agreement (Seismic Capital Co), Founders Employment Agreement (Seismic Capital Co), Founders Employment Agreement (Seismic Capital Co)
